Question

1. Vimla purchased a watch for Rs 500. She sold it at a loss of 20%. Find the selling price.​

Answer 1

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CP=₹500

Loss%=20%

$\sf \: SP = \frac{100 - loss\%}{100} \times cp$

$\sf = \frac{100 - 20}{100} \times 500 = 400$

So she sold the watch for ₹400

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